DISH Network Corporation (DISH) Shares Bought by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec increased its stake in shares of DISH Network Corporation (NASDAQ:DISH) by 4.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,486 shares of the company’s stock after buying an additional 2,986 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in DISH Network Corporation were worth $4,162,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Elkfork Partners LLC bought a new stake in shares of DISH Network Corporation during the first quarter valued at about $110,000. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of DISH Network Corporation by 14.5% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,845 shares of the company’s stock valued at $107,000 after buying an additional 233 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in shares of DISH Network Corporation by 3,872.9% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,907 shares of the company’s stock valued at $121,000 after buying an additional 1,859 shares during the last quarter. Meadow Creek Investment Management LLC bought a new stake in shares of DISH Network Corporation during the first quarter valued at about $141,000. Finally, Huntington National Bank raised its stake in shares of DISH Network Corporation by 0.8% in the first quarter. Huntington National Bank now owns 2,319 shares of the company’s stock valued at $147,000 after buying an additional 19 shares during the last quarter. Institutional investors and hedge funds own 49.94% of the company’s stock.

Institutional Ownership by Quarter for DISH Network Corporation (NASDAQ:DISH)

Shares of DISH Network Corporation (NASDAQ DISH) traded down 2.68% on Tuesday, reaching $63.24. 1,476,611 shares of the company’s stock were exchanged. The stock has a market cap of $29.46 billion, a price-to-earnings ratio of 21.36 and a beta of 0.95. The company’s 50 day moving average is $63.46 and its 200-day moving average is $61.80. DISH Network Corporation has a one year low of $48.51 and a one year high of $66.48.

DISH Network Corporation (NASDAQ:DISH) last announced its earnings results on Monday, May 1st. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.09. DISH Network Corporation had a net margin of 9.59% and a return on equity of 32.65%. The business had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.76 billion. During the same period in the previous year, the business posted $0.84 earnings per share. DISH Network Corporation’s revenue for the quarter was down 3.9% on a year-over-year basis. On average, analysts anticipate that DISH Network Corporation will post $2.72 EPS for the current year.

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Several equities research analysts have issued reports on the stock. Royal Bank Of Canada set a $56.00 target price on shares of DISH Network Corporation and gave the company a “hold” rating in a research report on Saturday, May 20th. Wunderlich restated a “sell” rating and issued a $54.00 price objective on shares of DISH Network Corporation in a report on Monday, June 12th. Barclays PLC restated an “equal weight” rating and issued a $62.00 price objective (up from $59.00) on shares of DISH Network Corporation in a report on Thursday, February 23rd. Jefferies Group LLC restated a “buy” rating and issued a $80.00 price objective on shares of DISH Network Corporation in a report on Friday, February 24th. Finally, Goldman Sachs Group, Inc. (The) lowered their price objective on shares of DISH Network Corporation from $84.00 to $83.00 and set a “buy” rating for the company in a report on Tuesday, May 2nd. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. DISH Network Corporation presently has a consensus rating of “Hold” and a consensus price target of $69.19.

In other DISH Network Corporation news, Treasurer Kyle J. Kiser sold 32,500 shares of DISH Network Corporation stock in a transaction that occurred on Thursday, March 30th. The shares were sold at an average price of $61.90, for a total transaction of $2,011,750.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Warren Schlichting sold 8,878 shares of DISH Network Corporation stock in a transaction that occurred on Thursday, March 30th. The shares were sold at an average price of $61.90, for a total transaction of $549,548.20. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 47,378 shares of company stock valued at $2,930,248. 49.30% of the stock is currently owned by company insiders.

DISH Network Corporation Company Profile

DISH Network Corporation is a holding company. The Company operates through two segments: Pay-TV and Broadband, and Wireless. It offers pay-TV services under the DISH brand and the Sling brand (collectively Pay-TV services). The DISH branded pay-TV service consists of Federal Communications Commission (FCC) licenses authorizing it to use direct broadcast satellite and Fixed Satellite Service spectrum, its owned and leased satellites, receiver systems, third-party broadcast operations, customer service facilities, a leased fiber optic network, in-home service and call center operations, and certain other assets utilized in its operations.

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